Chemung Financial (CHMG) Reports Q4 Earnings: What Key Metrics Have to Say

Chemung Financial (CHMG) reported $23.77 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 9.6%. EPS of $0.81 for the same period compares to $1.58 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $23.52 million, representing a surprise of +1.08%. The company delivered an EPS surprise of -30.77%, with the consensus EPS estimate being $1.17.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...